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Author Question: The gross domestic product of Solvasa, a small island country, is U.S. 68 billion. The adult ... (Read 44 times)

V@ndy87

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on: Jun 30, 2018
The gross domestic product of Solvasa, a small island country, is U.S. 68 billion. The adult population of the country is 8.70 million and 11.3 million citizens are below 18 years of age. The output per capita of Solvasa is approximately equal to _____.
 a. 7,800
  b. 3,400
  c. 6,017
  d. 5,201
  e. 6,950

Question 2

A horizontal merger is one in which the merging firms:
 a. are about the same size.
  b. produce the same good in the same industry.
  c. will control greater than 50 percent of the market.
  d. have never directly competed in the past.
  e. will pay twice as much in taxes.


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jaykayy05

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Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

b


V@ndy87

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

sultana.d

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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